Find the amount if ₹ 2,000 is invested for 2 years at 4% p.a. compounded annually.
Answers
Answered by
6
Step-by-step explanation:
Answer: ptr/100 =SI. P=2000/-, T=2yrs,R=4•/• . ptr/100=2000×2×4/100=160.
Answered by
4
Answer:
ANSWER
⇒ A=P(1+
100
R
)
T
⇒ A=2000×(1+
100
10
)
2
⇒ A=2000×
100
121
⇒ A=Rs.2420.
∴ C.I.=A−P=Rs.2420−Rs.2000=Rs.420.
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